Monday 10, December 2012 by Robin Amlôt

UAE Cabinet endorses SME law

The UAE Cabinet has endorsed the Federal law to support and develop Small and Medium Enterprises (SMEs) nationwide. The new law aims to encourage innovation, research and shift towards the knowledge economy, as well as strengthening the state's competitiveness in business at the regional and international levels. It also issues a mandatory resolution to represent women in the state owned companies and agencies' Board of Directors.

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